Persons and families of low or moderate income means persons and families whose income does not exceed 120 percent of area median income adjusted for family size by HCD in accordance with adjustment factors adopted and amended from time to time by the United States Department of Housing and Urban Development pursuant to Section 8 of the United States Housing Act of 1937.
Persons and families of low or moderate income means persons and families whose income does not exceed 120 percent of area median income, adjusted for family size by the department in accordance with adjustment factors adopted and amended from time to time by the United States Department of Housing and Urban Development pursuant to Section 8 of the United States Housing Act of 1937. However, the agency and the department jointly, or either acting with the concurrence of the Secretary of the Business and Transportation Agency, may permit the agency to use higher income limitations in designated geographic areas of the state, upon a determination that 120 percent of the median income in the particular geographic area is too low to qualify a substantial number of persons and families of low or moderate income who can afford rental or home purchase of housing financed pursuant to Part 3 (commencing with Section 50900) without subsidy.
Persons and families of low or moderate income means persons or families whose financial means are insufficient, taking into account such factors as the industrial commission shall deem relevant, to secure decent, safe, and sanitary housing provided by private industry without the financial assistance afforded by the housing finance programs of the commission.
Examples of Persons and families of low or moderate income in a sentence
Persons and families of low or moderate income, as that term is defined in Health and Safety Code Section 50093.12.
More Definitions of Persons and families of low or moderate income
Persons and families of low or moderate income means the same as defined in Section 50093 of the Health and Safety Code.
Persons and families of low or moderate income means persons and families whose income does not exceed 120 percent of AMI adjusted for familysize by HCD in accordance
Persons and families of low or moderate income means persons and families whose income does not exceed 120 percent of area median income, adjusted for family size as further defined in California Health & Safety Code section 50093.
Persons and families of low or moderate income means persons and families whose income does not exceed 120 percent of area median income, adjusted for family size by the
Persons and families of low or moderate income means the same as provided under Section 50093 of the Health and Safety Code.
Persons and families of low or moderate income means persons and families whose income does not exceed 80 percent of the area median income, adjusted for family size, as determined pursuant to regulations or subsequent guidelines adopted by the department.
Persons and families of low or moderate income means persons or families whose financial means are insufficient, taking into account such factors as the industrial commission shall deem relevant, to secure decent, safe, and sanitary housing